Bitcoin’s 30-day correlation to tech stocks has climbed to highs not seen since July 2020. At the same time, bitcoin’s correlation to gold has plunged to all-time lows.
Binance is required to limit services for Russian nationals or natural persons residing in Russia, or legal entities established in Russia, that have crypto assets exceeding the value of 10,000 EUR.
Accounts that classify under this restriction will be put into withdrawal-only mode. No deposits or trading will be permitted on these accounts.
Accounts for Russian nationals residing outside Russia, as verified with proof of address, and accounts for Russian nationals or natural persons residing in Russia, or legal entities established in Russia, that remain below a total value of 10,000 EUR, will remain unaffected and active.